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The Future of Money: From Financial Crisis to Public Resource

Mary Mellor




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 | #2157837 in eBooks |  2015-03-13 |  2015-03-13 | File type: PDF

||4 of 4 people found the following review helpful.| Simple, sharp and insightful book about the financial crisis|By H.J. Becher|This is a highly instructive book for anyone looking for insights into the current financial crisis. In the direct aftermath of the crisis, elites around the world claimed that its scale and effect were simply unforeseeable. Mary Mellor's book makes a strong case for the opposite conclusion. The credit| |'Despite our familiarity with money, too little is understood about money and credit. This book helps to lift the veil on our money system and by doing so will play a part in democratising that system' -- Ann Pettifor, author of Just Money: How Society Can Bre

Debt & Democracy begins in the wake of the 2007 financial crisis. Mary Mellor shows that the unusual structure of the current monetary system lead to the perception that unpayable government debt was somehow the central problem. This unusual structure, Mellor argues, reflects a privatisation of monetary systems within late capitalist economies - the result of political choices, not inherent economic realities. Against private money, Mellor reaffirms the concept ...

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